met requirements to maintain listed, closed month end over $1 and 30 day average well over $1 too. Assume they will make note of that during upcoming earnings call. Now just to sell some more assets and bring down that debt level
Good summary. I hope we hear more about potential asset sales for the purpose of debt reduction. Additionally continued cost cutting effort discussion would be nice, especially exec compensation cuts (bonuses, at least not sizeable bonuses should not be happening in this low oil environment).
if oil runs up a bit more, they might be able to hedge out a bit more of their 2017 production, every bit helps.